Not aware of Kiran Karnik being on EMRI board: PC Gupta Not aware of Kiran Karnik being on EMRI board: PC Gupta Chartered Accountant CA ICAI Chartered Accountants CA ICAI CAinINDIA ICAI Announcements Accounting Standards CA News ICAI Students ICAI Members Case Laws CPT IPCC Final ICAI Course CA Course ICAI Forum CA Question Papers ICAI Study Material

« Top Headlines »

Good news of Income Tax money saving opportunity! Now, make 80C, 80D, 80G investments till this date
Here is how to file Income Tax Returns for AY 2020-21 ITR-1 notified
Income tax department opens ITR filing window for those using ITR 1 form
How to pay zero tax on a salary of Rs 18 Lacs?
ITR-1 e-form for FY 2019-20 now available on income tax department website
How TDS at reduced rates will affect taxpayers
New Income Tax forms are out: Know the four key changes
Income-tax (12th Amendment) Rules, 2020
No new tax in UP to deal with economic impact of COVID: Yogi
You can claim deductions till June 30 Income tax return
Income-tax (11th Amendment) Rules, 2020


« Manipulated Satyam accounts for 7 yrs, confesses Raju...	Satyam fraud: More than accounting skullduggery... »
Not aware of Kiran Karnik being on EMRI board: PC Gupta

January, 12th 2009
Minister of Corporate Affairs PC Gupta said he was not aware that Kiran Karnik, one of the newly-appointed Satyam board member, was also on the board of Emergency Management and Research Institute (EMRI). However, he said there is no conflict of interest with HDFC chairman Deepak Parekh being on the board of other IT companies.Mr Parekh is also on the new Satyam board. ICAI will take its own action in due course, do not want to rush to any action under pressure, Gupta added. Commenting on the same, EMRI CEO, Venkat Changavalli said Karnik resigned from EMRI governing board on January 9. He also said that Satyam founder and former Chairman, B Ramalinga Raju also resigned as EMRI Chairman on January 7. EMRI, a non-profit organisation, has been providing comprehensive emergency response services since August 2005 in Andhra Pradesh and was expanding into other states.